NOT LISTED FOR SALE

Estimated Value: $2,957,000 - $3,406,000

8 Beds
8.5 Baths
4,763 Sq Ft
$659/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $2,050,000 $430 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $18,205/month

211 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Deck
  • Van R. Butler Elementary School Rated A-
  • Gulf View
  • Contemporary Architecture

About This Home

As of May 2019

Sleek coastal contemporary design perfectly situated to capture gulf views & masterfully configured providing unparalleled amenities including a Watermark-built private resort style pool area complete with a covered outdoor summer kitchen. This is the ultimate beach house, an excellent income producer with $250,000 in gross projected annual rental income. This home was designed to maximize functionality and finely appointed with chic contemporary finishes while affording optimal comfort & living space. Notable features include multiple indoor and outdoor living areas, private commercial grade elevator, dual master suites with gulf views, built-in pinterest worthy bunkbeds, indoor and outdoor surround sound system as well as security cameras for optimal privacy. The first floor layout boasts a spacious bunk room, full size laundry area, large bedroom with ensuite bath as well as an industrial style game room complete with a pool table & built in wet bar including a full size paneled fridge and refrigerator drawers flowing seamlessly out to the rear pool deck and covered outdoor living area. The second floor is the focal point of indoor living space with a sleek contemporary living room featuring floor to ceiling windows to soak in natural light & gulf views, built-in entertainment center with floating shelves and open to the kitchen & dining room for optimal flow. The ample sized kitchen features floor-to-ceiling custom contemporary cabinetry, Sub-Zero appliances and Wolf professional series gas range, ample storage and is anchored by a massive center island crowned with gorgeous quartz countertops. The second floor also features two full bedrooms with ensuite bathrooms, convenient half bath as well as access to the second story outdoor dining area overlooking the lagoon style pool. The third floor features three full bedrooms including dual master suites with spacious porches, laundry area, bunk room as well as a fourth story viewing deck to maximize the incredible gulf and western oriented views that surround this prestigious home. Frangista Beach owners enjoy multiple deeded beach access points steps from the home and centrally located near world class golfing, dining, shopping & entertainment.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 09/05/2018

Last Buyer's Agent

Shane Quinlan

Riviera Realty Group LLC License #3404653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Back Yard Fenced
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Newly Painted Property
  • Frame Construction

Interior Spaces

  • 4,763 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Shelving
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Bonus Room
  • Tile Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Built-In Bunk Beds
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42040-00C-0260

Community Details

Overview

  • Frangista Beach 1St Addn Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 2018

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Road Surface Type: Paved
  • Subdivision Name: FRANGISTA BEACH 1ST ADDN
  • Directions: North on Miami Street from Scenic Highway 98. Home is located on the corner of Miami Street and Sarasota Street.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2018
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Wine Refrigerator
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Elevator, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Shelving, Washer/Dryer Hookup, Wet Bar
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Open, Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Pool - In-Ground, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage, Oversized
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Pool
  • Association #2 Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 32-2S-21-42040-00C-0260
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2050.37
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
May 15, 2019
Sold by
Sarasota East Partners Llc
Bought by
Our Three Suns Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Shane Quinlan
Riviera Realty Group LLC
List Price
$2,050,000
Sold Price
$2,050,000
Current Estimated Value
$3,137,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,087,332
Avg. Annual Appreciation
5.50%
Original Mortgage
$1,640,000
Outstanding Balance
$1,442,060
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,438,509

Purchase Details

Closed on
Sep 1, 2015
Bought by
Sarasota East Partners Llc
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Our Three Suns Llc $2,050,000 Emerald Coast Title Svcs Llc
Sarasota East Partners Llc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Our Three Suns Llc $1,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $2,050,000 0.0% $430 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $2,050,000 -- $430 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,889 $2,803,509 $577,500 $2,226,009
2023 $16,889 $1,678,348 $0 $0
2022 $16,893 $2,153,548 $510,600 $1,642,948
2021 $14,325 $1,574,840 $203,938 $1,370,902
2020 $12,588 $1,260,968 $186,578 $1,074,390
2019 $10,287 $1,042,962 $179,402 $863,560
2018 $1,496 $150,001 $0 $0
2017 $2,050 $206,872 $145,632 $61,240
2016 $2,011 $200,940 $0 $0
2015 -- $177,836 $118,973 $58,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 806700

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42040-00C-0260